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re: So I bought some Gamestop(GME)

Posted on 1/28/21 at 7:52 am to
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
18316 posts
Posted on 1/28/21 at 7:52 am to
CNBC has some shmuck on there right now trying to convince the "little guy" that they need to sell RIGHT NOW because they're going to lose money he's saying it's just angry teenagers with a vendetta and they're going to lose money with it

"My professional advice is to SELL. And sell SOON."


Get turbo fricked.
This post was edited on 1/28/21 at 7:54 am
Posted by slinger1317
Northshore
Member since Sep 2005
5885 posts
Posted on 1/28/21 at 7:54 am to
Not sure what restrictions TD installed, but I was able to sell my GME yesterday and buy more this morning pre-market.
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 1/28/21 at 7:55 am to
Can’t stand how they are all basically “protecting the little guy”. Been like this the last 2 days. It just infuriates more.
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/28/21 at 7:58 am to
quote:

"My professional advice is to SELL. And sell SOON."

Sounds like they know they are fricked.








So of course, we should do the opposite. Buy buy buy!
Posted by IAmNERD
Member since May 2017
19306 posts
Posted on 1/28/21 at 8:00 am to
quote:

My professional advice is to SELL. And sell SOON."

As several platforms have stopped allowing you to buy...hmmm

Some dirty tactics being employed this morning

frick em
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/28/21 at 8:00 am to
quote:

Not sure what restrictions TD installed, but I was able to sell my GME yesterday and buy more this morning pre-market.

It was a warning on the top of TDA screen, but I didn't buy or sell so don't know exactly what it was about. I did just find this, and after reading it, it makes sense to have those restrictions in place. And it is only because of the shorts being 40% +/- over sold.

quote:

I had a lengthy discussion with a ToS support rep in order to understand the parameters of the restrictions against GME, AMC, etc. I have a put calendar spread with a long 5 Mar 68 that I was looking to sell shorter dated puts against.

Ameritrade isn't allowing the opening of any short positions against these stocks, regardless of whether or not you're hedged like I am. Any short calls that expire ITM where the seller is due to be put the stock, Ameritrade will close the short position because they don't have any stock to short.

It seems to me like this will make the short issue even worse, which will cause the stock to go up. Anyone have any thoughts on that?

LINK


Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/28/21 at 8:01 am to
Damn just dropped to 250
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
18316 posts
Posted on 1/28/21 at 8:01 am to
Yeah it took a big arse dip thanks to Robinhood's shenanigans.
Posted by someLSUdoosh
Baton Rouge
Member since Oct 2016
882 posts
Posted on 1/28/21 at 8:02 am to
Robinhood account now showing a message:

"Market Conditions
The markets are experiencing significant volatility. Your investment in $AMC may involve added risk.
Learn More"
Posted by STLhog
Nashville, TN
Member since Jan 2015
17721 posts
Posted on 1/28/21 at 8:03 am to
Is my fidelity delayed? Im seeing 350 right now.
Posted by Team Vote
DFW
Member since Aug 2014
7732 posts
Posted on 1/28/21 at 8:04 am to
For this reason I am out again. Good luck to all
Posted by PistolPete45
Mandeville, LA
Member since Apr 2012
468 posts
Posted on 1/28/21 at 8:04 am to
already back to 327, it will climb back up quickly
Posted by PierPunk
#BugaNation
Member since Apr 2013
3291 posts
Posted on 1/28/21 at 8:05 am to
Watching that drop like a rock had me nervous for a sec
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/28/21 at 8:05 am to
I hope this works out for you dude. you've been a believer from the beginning
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 1/28/21 at 8:06 am to
Portnoy going off on RH on Twitter. This will not age well for them.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30606 posts
Posted on 1/28/21 at 8:07 am to
This is your sell signal IMO. GL to all, I sold out yesterday
Posted by STLhog
Nashville, TN
Member since Jan 2015
17721 posts
Posted on 1/28/21 at 8:09 am to
It’s back up and if other apps haven’t shut it down, why sell now?

Just curious, you’ve been spot on from the beginning.
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
18316 posts
Posted on 1/28/21 at 8:10 am to
LINK

Trump Jr. just tweeted about Robinhood

quote:

It took less than a day for big tech, big government and the corporate media to spring into action and begin colluding to protect their hedge fund buddies on Wall Street. This is what a rigged system looks like, folks! #RobinHood #RedditArmy #GME #GMEtothemoon
Posted by Chad504boy
4 posts
Member since Feb 2005
166470 posts
Posted on 1/28/21 at 8:10 am to
Any last thoughts on AG before market open? Its up around 45% pre market to about 20. and change.
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
13594 posts
Posted on 1/28/21 at 8:11 am to
Robinhood about to lose so many users
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